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Market Wraps

Market Update 22 November

Bell Direct

November 22, 2019

The Australian share market has gained 0.5% at noon, clawing back after shedding 2.1% Wednesday and Thursday. Most sectors are higher except for Financials. Westpac shares hit a new 8 month low, $24.72. Mayne Pharma flags a 16% drop in revenue, WiseTech shares rise as buyers snap up low hanging fruit. IPH shares gain 2% to $8.02, but Bell Potter says its shares will grow to $8.35. Fortescue shares gain 3% as Iron Ore continues to rally. Watch for more.